Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya - 2023
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (FOB) - 2022
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (CIF) - 2022
- Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (FOB) - 2022
In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $6,922 per ton, with a decrease of -26% against the previous year. Over the period under review, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 120%. Over the period under review, the average export prices reached the maximum at $10,158 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($46,314 per ton), while the average price for exports to Democratic Republic of the Congo totaled $5,697 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+4.4%).
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (CIF) - 2022
In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $5,141 per ton, rising by 3% against the previous year. Overall, the import price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the maximum at $13,343 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,888 per ton), while the price for South Africa ($1,033 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+66.4%), while the prices for the other major suppliers experienced a decline.
Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya
In 2022, shipments abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses decreased by -49.7% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 50%. As a result, the exports reached the peak of 3.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses fell markedly to $8.4K in 2022. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 15.1 | 34.1 | 19.9 | 6.6 | -24.1% |
| Rwanda | 0.2 | 2.0 | 2.1 | 1.6 | 100.0% |
| Others | 0.1 | 0.4 | 0.4 | 0.1 | 0.0% |
| Total | 15.3 | 36.5 | 22.4 | 8.4 | -18.1% |
Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Kenya in 2022:
- Democratic Republic of the Congo (1166.0 kg)
- Rwanda (35.0 kg)
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya
For the third consecutive year, Kenya recorded decline in purchases abroad of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, which decreased by -22.7% to 623 kg in 2022. In general, imports saw a abrupt descent. The smallest decline of -0.8% was in 2020.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses reduced remarkably to $3.2K in 2022. Overall, imports showed a significant contraction. The smallest decline of -19.3% was in 2020.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 4.2 | 3.7 | 3.0 | -15.7% |
| South Africa | 0.3 | 0.4 | 0.2 | 0.1 | -30.7% |
| United States | 0.3 | 0.1 | N/A | N/A | -66.7% |
| India | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 6.3 | 5.1 | 4.0 | 3.2 | -20.2% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Kenya in 2022:
- China (511.0 kg)
- South Africa (92.0 kg)
- India (9.0 kg)
- United States (5.0 kg)
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